DCF Tool


Xerox Holdings Corp – Computer Terminal and Other Computer Peripheral Equipment Manufacturing
xerox is helping change the way the world works. by applying our expertise in imaging, business process, analytics, automation and user-centric insights, we engineer the flow of work to provide greater productivity, efficiency and personalization. we conduct business in 180 countries, and our more than 130,000 employees create meaningful innovations and provide business process services,printing equipment, software and solutions that make a real difference for our clients – and their customers.
Analysis Results
Intrinsic Value $0.00
Latest Price $14.17
Relative Value 8461600% overvalued
Thoughts on this result? Let us know.
Cash Flow (Billions)
Analysis Parameters
New Ticker
Analysis Details
Growth Rate Projection

An exponential growth model was fit to the past cash flow data, giving more weight to more recent years. This model determined a growth rate estimate of -69.9%.

Weighted Average Cost of Capital (WACC)

The calculated WACC is 2.8%. This value is used as the default discount rate.

Value of Future Flows

Assuming a growth rate of -69.9%, the cash flows for the next 5 years are projected.

The present value of each year's flow is adjusted to present value using the discount rate.

Year Future flow (billion) Present value (billion)
2023 1.3e-05 1.27e-05
2024 3.92e-06 3.71e-06
2025 1.18e-06 1.09e-06
2026 3.55e-07 3.18e-07
2027 1.07e-07 9.3e-08
Terminal Value

Assuming the company was sold after the projection period at an exit multiple of 30, the terminal value of the company would be 3.21e-06 billion. This corresponds to a present value of 2.71e-06 billion.

Intrinsic Value Per Share

The total present value of the projected cash flows is 1.79e-05 billion. Adding in the terminal value gives a total present value of 2.06e-05 billion.

There are presently 123.0 million outstanding shares, so the intrinsic value per share is 0.0.

Financial Statements

The following data was to determine the past cash flows.

Current Assets 4,107,000,000
Current Cash 1,045,000,000
Current Liabilities 3,330,000,000
Current Debt 866,000,000
Non-Cash Working Capital (NCWC) 598,000,000
Change in NCWC -86,000,000
EBIT 215,000,000
Tax Provision -3,000,000
Depreciation and Amortization 270,000,000
Capital Expenditure -57,000,000
Unlevered Free Cash Flow 342,000,000
Current Assets 4,701,000,000
Current Cash 1,840,000,000
Current Liabilities 2,829,000,000
Current Debt 652,000,000
Non-Cash Working Capital (NCWC) 684,000,000
Change in NCWC -392,000,000
EBIT 323,000,000
Tax Provision -17,000,000
Depreciation and Amortization 327,000,000
Capital Expenditure -68,000,000
Unlevered Free Cash Flow 190,000,000
Current Assets 5,783,000,000
Current Cash 2,625,000,000
Current Liabilities 2,478,000,000
Current Debt 396,000,000
Non-Cash Working Capital (NCWC) 1,076,000,000
Change in NCWC -2,022,000,000
EBIT 412,000,000
Tax Provision 64,000,000
Depreciation and Amortization 368,000,000
Capital Expenditure -74,000,000
Unlevered Free Cash Flow -1,419,000,000
Current Assets 8,222,000,000
Current Cash 2,740,000,000
Current Liabilities 3,435,000,000
Current Debt 1,051,000,000
Non-Cash Working Capital (NCWC) 3,098,000,000
Change in NCWC -372,000,000
EBIT 1,155,000,000
Tax Provision 179,000,000
Depreciation and Amortization 430,000,000
Capital Expenditure -65,000,000
Unlevered Free Cash Flow 898,909,638
Current Assets 6,844,000,000
Current Cash 1,084,000,000
Current Liabilities 3,251,000,000
Current Debt 961,000,000
Non-Cash Working Capital (NCWC) 3,470,000,000
Change in NCWC -331,000,000
EBIT 1,125,000,000
Tax Provision 257,000,000
Depreciation and Amortization 526,000,000
Capital Expenditure -90,000,000
Unlevered Free Cash Flow 771,798,732
Current Assets 7,553,000,000
Current Cash 1,293,000,000
Current Liabilities 2,741,000,000
Current Debt 282,000,000
Non-Cash Working Capital (NCWC) 3,801,000,000
Change in NCWC 3,969,000,000
EBIT 1,046,000,000
Tax Provision 481,000,000
Depreciation and Amortization 527,000,000
Capital Expenditure -105,000,000
Unlevered Free Cash Flow 4,702,509,489
Current Assets 9,390,000,000
Current Cash 2,223,000,000
Current Liabilities 8,346,000,000
Current Debt 1,011,000,000
Non-Cash Working Capital (NCWC) -168,000,000
Change in NCWC 131,000,000
EBIT 1,153,000,000
Tax Provision 62,000,000
Depreciation and Amortization 563,000,000
Capital Expenditure -138,000,000
Unlevered Free Cash Flow 1,605,246,734
Current Assets 9,261,000,000
Current Cash 1,368,000,000
Current Liabilities 9,177,000,000
Current Debt 985,000,000
Non-Cash Working Capital (NCWC) -299,000,000
Change in NCWC -1,650,000,000
EBIT 966,000,000
Tax Provision -23,000,000
Depreciation and Amortization 1,190,000,000
Capital Expenditure -342,000,000
Unlevered Free Cash Flow 164,000,000
Current Assets 11,593,000,000
Current Cash 1,411,000,000
Current Liabilities 10,258,000,000
Current Debt 1,427,000,000
Non-Cash Working Capital (NCWC) 1,351,000,000
Change in NCWC -3,744,000,000
EBIT 1,726,000,000
Tax Provision 259,000,000
Depreciation and Amortization 1,426,000,000
Capital Expenditure -452,000,000
Unlevered Free Cash Flow -1,371,257,686
Current Assets 11,428,000,000
Current Cash 1,764,000,000
Current Liabilities 5,686,000,000
Current Debt 1,117,000,000
Non-Cash Working Capital (NCWC) 5,095,000,000
Change in NCWC -389,000,000
EBIT 1,747,000,000
Tax Provision 276,000,000
Depreciation and Amortization 1,358,000,000
Capital Expenditure -427,000,000
Unlevered Free Cash Flow 1,963,428,089
Current Assets 11,598,000,000
Current Cash 1,246,000,000
Current Liabilities 5,910,000,000
Current Debt 1,042,000,000
Non-Cash Working Capital (NCWC) 5,484,000,000
Change in NCWC 4,779,000,000
EBIT 1,909,000,000
Tax Provision 277,000,000
Depreciation and Amortization 1,301,000,000
Capital Expenditure -513,000,000
Unlevered Free Cash Flow 7,123,471,333

This analysis is provided for informational purposes only and does not constitute financial or investing advice. For more information on the advantages and limitations of DCF analysis see background. This information is provided on an "as is" basis. No warranty, expressed or implied, is made regarding accuracy, adequacy, completeness, legality, reliability or usefulness of any information. By using this site you agree that under no circumstances shall Valuation Tools LLC be held liable for any loss or damage caused by information obtained from this website including any articles, data, videos, its social media accounts, or any other materials.